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Listing 12774433 , McCook, IL 60525
$2,950,000
Est. Payment: $15,828.14/mo
20000 Sqft
1.69 Acres
Status: active | Days on site: 7
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29095 - 242207
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

A rare opportunity to acquire a substantial commercial property offering nearly 20,000 square feet of building space and approximately 170 parking spaces. Properties combining this scale of interior space with extensive on-site parking are rarely available, making this an appealing opportunity for investors, owner-users, and business operators. The property offers an existing event venue with potential for continued use or adaptation to other business purposes. The Village has indicated flexibility regarding potential uses for the property, creating an appealing opportunity for investors and owner-users to explore a variety of commercial possibilities. Currently operating as a banquet hall, the property offers an existing business use alongside potential opportunities for adaptation to meet future business needs, subject to applicable municipal requirements and approvals. The property's appeal extends beyond its interior square footage. Approximately 170 parking spaces provide convenient access for guests, customers, employees, and visitors. This combination of substantial building space and extensive parking is particularly attractive for businesses and operations that require room to accommodate larger groups. Conveniently located near La Grange, La Grange Park, Hodgkins, Lyons, and Brookfield, the property is well positioned to serve surrounding communities and nearby commercial areas. Easy access to I-55 connects the location to Chicago and the surrounding suburbs. With its substantial size, extensive parking, existing banquet hall operation, and potential for alternative uses, this property presents a distinctive opportunity for buyers seeking flexibility, functionality, and room for future growth.
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Highlights

Listed by Natalia Nash , 312-877-4949 Ellsbury Group LLC , 219-200-5133. Midwest Real Estate Data mls logo

Property Type

Commercial Sale
Lot/Acreage
1.69

Year Built

1985

County

Cook

Area

McCook

Listing ID

12774433

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Interior Features

Air Cond:Central Air
Fireplaces:

Exterior Features

Lot Dimensions:0x0
Zoning:OTHER
Parking Features:Over 100 Spaces
Principal Interest
$15,828
Taxes
$7,611

Home Price

$2,950,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$590,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,828.14

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,828.14 $7,610.67 $0.00 $23,438.81
Yearly $189,937.68 $91,328.00 $0.00 $281,265.68
Total $5,698,130.53 $2,739,840.00 $0.00 $8,437,970.53
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Market insight data is pulled from the same city as the listing being viewed (McCook, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T04:57:04.000Z

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